Posted by Stephan Byrd on Jul 26th, 2020
BioNTech SE (NASDAQ:BNTX) shares traded down 6.5% on Friday . The company traded as low as $87.00 and last traded at $82.77, 164,570 shares were traded during mid-day trading. A decline of 96% from the average session volume of 4,359,410 shares. The stock had previously closed at $88.51.
A number of equities research analysts recently weighed in on the company. Bank of America upgraded BioNTech from a “neutral” rating to a “buy” rating and upped their price target for the stock from $71.00 to $105.00 in a report on Monday, July 20th. Canaccord Genuity upped their price target on BioNTech from $75.00 to $97.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. HC Wainwright restated a “hold” rating on shares of BioNTech in a report on Tuesday, July 14th. Zacks Investment Research cut BioNTech from a “buy” rating to a “hold” rating in a report on Tuesday, July 7th. Finally, BofA Securities upgraded BioNTech from a “neutral” rating to a “buy” rating and increased their target price for the company from $71.00 to $105.00 in a report on Tuesday, July 21st. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $60.18.
link:
www.tickerreport.com/banking-finance/...nings-on-tuesday.html